£12,000 pa
(£1,000 pcm)
Retail premises to letUnit 3 Arcade, Chester Lee Street DH3
About this property
Prominantly Located
Immediately Available
Option to retain equipment
Incentive on offer
The property comprises an appealing two-storey commercial building with its own self-contained entrance located directly behind Costa Coffee, only a short step from the busy and well-established Front Street. This position offers convenient access, steady pedestrian flow, and close proximity to national and independent operators.
The ground floor is currently fitted out for a gym or fitness-based business, including an open layout suitable for exercise or studio use. The configuration could be adapted for a range of retail or service-led occupiers who may benefit from the visibility and accessibility of the area. The first floor provides additional usable space, supporting a variety of operational needs such as treatment rooms, offices, storage, or staff facilities. In total, the accommodation extends to approximately 1,453 sq ft across both floors.
The unit is offered to let on effective full repairing and insuring terms at an annual rent of £12,000, with all other lease conditions available by negotiation. The location, combined with the size and flexibility of the building, makes it a practical choice for businesses looking to establish or expand their presence in Chester-le-Street’s central commercial zone.
Rating Assessment
For the financial year 2024/2025, the Small Business Rate is 49.9 pence in the pound.
Legal Costs
Each party will be responsible for their own legal fees associated with the transaction.
The ground floor is currently fitted out for a gym or fitness-based business, including an open layout suitable for exercise or studio use. The configuration could be adapted for a range of retail or service-led occupiers who may benefit from the visibility and accessibility of the area. The first floor provides additional usable space, supporting a variety of operational needs such as treatment rooms, offices, storage, or staff facilities. In total, the accommodation extends to approximately 1,453 sq ft across both floors.
The unit is offered to let on effective full repairing and insuring terms at an annual rent of £12,000, with all other lease conditions available by negotiation. The location, combined with the size and flexibility of the building, makes it a practical choice for businesses looking to establish or expand their presence in Chester-le-Street’s central commercial zone.
Rating Assessment
For the financial year 2024/2025, the Small Business Rate is 49.9 pence in the pound.
Legal Costs
Each party will be responsible for their own legal fees associated with the transaction.
.png){kind=logo}